Public Investment Corporation (PIC) chair Reuel Khoza says the state-owned asset manager has identified a candidate to replace Dan Matjila as CEO as it pushes ahead with the process of restructuring and recovery from governance failures identified in the Mpati commission.

"We have identified an individual that we think is head-and-shoulders above the rest of the candidates, and we have recommended this person to the government for their endorsement," Khoza told Business Day...

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